GodrejCPPrice corrected sharply and now gaining upward momentum. Price at 200 DMA. Above one can go long keeping 200 DMA as SL. A good upside may be expected. Immediate target may be 811.
GODREJCP trade ideas
GODREJCP buy setup - simple 200 SMA/MACD strategyBuy GODREJCP upon a close above 200 day SMA at 770.45
Targets open
SL: 753 for hyper conservative traders and a close back below 200 day SMA for the rest.
GODREJCP- SYMMETRICAL TRIANGLEGodrejcp can be bought at current price. Giving a beautiful breakout. Expecting a good move.
Godrej Parallel Channel Moving in parallel channel and has breached the long term resistance .
Expecting to breakout on the long side.
Levels mentioned in charts .
GODREJCP GODREJCP is have support at 743 and 729 also have resistance at 768 and 783 so go long above 783 for target of 790/800/810 and go short below 743 for the target of 735/730 if it breaks 729 then we should see more downfall upto 715 as per my view...
